#FOMCMeeting
Refers to the meeting of the Federal Open Market Committee (FOMC) of the U.S. Central Bank (Federal Reserve),
where crucial decisions are made regarding monetary policy such as:
- Interest rates (increase/decrease/hold).
- Controlling inflation.
- Future economic trends.
✋ Why does the world follow this meeting?
- Because it directly affects financial markets, currencies, gold, and loan rates globally.
- During this meeting, forecasts for the U.S. economy (the strongest economy in the world) are announced.
- Statements from Federal Reserve Chair *Jerome Powell* could cause sharp rises or falls in the markets.
